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60 Degrees Pharmaceuticals, Inc. (SXTP)
NASDAQ:SXTP
US Market
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60 Degrees Pharmaceuticals, Inc. (SXTP) AI Stock Analysis

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SXTP

60 Degrees Pharmaceuticals, Inc.

(NASDAQ:SXTP)

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Neutral 46 (OpenAI - 4o)
Rating:46Neutral
Price Target:
$1.50
▲(2.74% Upside)
The overall stock score is primarily impacted by the company's financial struggles, including declining revenues and persistent losses. Technical analysis provides some short-term positive signals, but the long-term outlook remains uncertain. The valuation is unattractive due to negative profitability and lack of dividends.
Positive Factors
Product Development
Successful trial outcomes can enhance the company's product portfolio, potentially leading to new revenue streams and strengthening its market position in infectious disease treatment.
Innovative Therapies
Being the first to evaluate a new therapeutic showcases the company's innovation capabilities, potentially offering a competitive advantage in addressing unmet medical needs.
Equity Improvement
Improved equity indicates better financial health and reduced reliance on debt, enhancing the company's ability to invest in growth opportunities and withstand market fluctuations.
Negative Factors
Declining Revenues
Declining revenues highlight challenges in maintaining market share and product demand, which can impact long-term profitability and growth potential.
Negative Cash Flow
Negative cash flow from operations suggests difficulties in generating sufficient cash to cover expenses, potentially limiting investment in R&D and new product development.
Profitability Concerns
Consistently negative profit margins indicate cost management issues and ongoing unprofitability, which can hinder the company's ability to reinvest in growth and innovation.

60 Degrees Pharmaceuticals, Inc. (SXTP) vs. SPDR S&P 500 ETF (SPY)

60 Degrees Pharmaceuticals, Inc. Business Overview & Revenue Model

Company Description60 Degrees Pharmaceuticals, Inc. (SXTP) is a biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of infectious diseases. The company operates primarily in the healthcare sector, specializing in drug development aimed at addressing unmet medical needs. Its core products include novel pharmaceutical formulations and delivery systems designed to improve patient outcomes in the management of various infectious diseases.
How the Company Makes Money60 Degrees Pharmaceuticals generates revenue through the commercialization of its pharmaceutical products, which may include direct sales to healthcare providers and distribution partnerships with pharmaceutical distributors. The company may also derive income from licensing agreements and collaborations with other biopharmaceutical companies, leveraging its research and development capabilities to create valuable intellectual property. Additionally, government grants and funding from research institutions may contribute to its earnings as the company advances its drug development pipeline.

60 Degrees Pharmaceuticals, Inc. Financial Statement Overview

Summary
SXTP is facing significant financial challenges, with declining revenues, persistent losses, and negative cash flow. Despite improvements in equity and reduced debt, profitability and cash generation are major concerns.
Income Statement
35
Negative
The company has been experiencing declining revenues, with a significant drop in total revenue from 2020 to 2023. Gross profit margin has been negative in recent years, indicating cost management issues. Net profit margin has been consistently negative, reflecting ongoing unprofitability. Despite some revenue growth in 2024, profitability remains a major concern.
Balance Sheet
40
Negative
The debt-to-equity ratio improved significantly from previous years due to reduced total liabilities, but the company still has challenges with negative equity in past years. In 2024, equity became positive, which is a positive sign. The equity ratio indicates a relatively higher reliance on equity compared to previous years.
Cash Flow
30
Negative
The company has struggled with negative operating cash flow in recent years, indicating challenges with cash generation from core operations. Free cash flow has also been negative, reflecting ongoing investment and financing needs. Positive financing cash flows suggest reliance on external funding.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue960.89K681.35K253.57K223.21K1.16M2.55M
Gross Profit277.54K222.81K-220.98K-209.16K309.60K1.48M
EBITDA-7.64M-7.88M-1.43M-2.11M-1.01M-341.17K
Net Income-7.80M-7.95M-3.77M-6.18M-4.25M-3.03M
Balance Sheet
Total Assets4.18M5.76M7.78M1.30M1.39M2.61M
Cash, Cash Equivalents and Short-Term Investments1.97M3.39M2.14M264.87K115.40K191.70K
Total Debt154.25K155.89K172.67K22.42M18.80M19.14M
Total Liabilities1.84M1.80M2.99M25.45M19.55M20.68M
Stockholders Equity2.43M4.04M4.87M-23.58M-17.58M-17.50M
Cash Flow
Free Cash Flow-3.36M-5.83M-4.66M-1.07M-684.50K-238.28K
Operating Cash Flow-3.32M-5.65M-4.54M-1.01M-649.11K-167.30K
Investing Cash Flow-97.91K-1.89M-115.89K-60.13K-35.39K-70.98K
Financing Cash Flow6.85M7.05M6.47M1.22M611.23K277.36K

60 Degrees Pharmaceuticals, Inc. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.46
Price Trends
50DMA
1.42
Positive
100DMA
1.71
Negative
200DMA
2.24
Negative
Market Momentum
MACD
0.02
Positive
RSI
49.11
Neutral
STOCH
12.05
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SXTP, the sentiment is Negative. The current price of 1.46 is below the 20-day moving average (MA) of 1.51, above the 50-day MA of 1.42, and below the 200-day MA of 2.24, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 49.11 is Neutral, neither overbought nor oversold. The STOCH value of 12.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SXTP.

60 Degrees Pharmaceuticals, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
46
Neutral
$6.12M-285.78%120.67%-456.33%
32
Underperform
$7.93M-171.27%75.96%
15
Underperform
$2.71M-231.27%85.78%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SXTP
60 Degrees Pharmaceuticals, Inc.
1.48
-2.97
-66.74%
ETHZ
ETHZilla Corporation
15.64
-26.86
-63.20%
ADIL
Adial Pharmaceuticals
0.36
-0.71
-66.36%
SILO
Silo Pharma
0.54
-0.57
-51.35%
ALZN
Alzamend Neuro
2.34
-12.24
-83.95%
DRMA
Dermata Therapeutics
4.11
-10.39
-71.66%

60 Degrees Pharmaceuticals, Inc. Corporate Events

Executive/Board ChangesShareholder MeetingsStock Split
60 Degrees Pharmaceuticals Holds Annual Stockholders Meeting
Neutral
Oct 10, 2025

On October 8, 2025, 60 Degrees Pharmaceuticals, Inc. held its virtual 2025 Annual Stockholders Meeting, where various proposals were voted on by the shareholders. The meeting saw the election of five directors, approval of an amendment to increase shares in the 2022 Equity Incentive Plan, a reverse stock split, and the ratification of RBSM LLP as the accounting firm for 2025, all of which were approved.

The most recent analyst rating on (SXTP) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on 60 Degrees Pharmaceuticals, Inc. stock, see the SXTP Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
60 Degrees Pharmaceuticals Highlights ARAKODA Growth Potential
Positive
Sep 9, 2025

On September 9, 2025, 60 Degrees Pharmaceuticals, Inc. presented investor information highlighting the potential growth of ARAKODA, especially for chronic babesiosis, which could surpass its use for malaria prevention. The company faces challenges such as low brand recognition and competition from generic alternatives, but aims to address these through a commercial pilot program to increase awareness and differentiate ARAKODA in the market.

The most recent analyst rating on (SXTP) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on 60 Degrees Pharmaceuticals, Inc. stock, see the SXTP Stock Forecast page.

Private Placements and Financing
60 Degrees Pharmaceuticals Enters New Sales Agreement
Neutral
Sep 5, 2025

On September 3, 2025, 60 Degrees Pharmaceuticals, Inc. entered into an At-The-Market Sales Agreement with H.C. Wainwright & Co., LLC to offer and sell shares of its common stock, potentially raising up to $1,397,533. The agreement allows the company flexibility in selling shares while Wainwright acts as the sales agent, earning a 3% commission on sales. Additionally, on the same date, the company terminated a previous sales agreement with Wallachbeth Capital LLC, effective immediately, releasing both parties from any obligations.

The most recent analyst rating on (SXTP) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on 60 Degrees Pharmaceuticals, Inc. stock, see the SXTP Stock Forecast page.

60 Degrees Pharmaceuticals Reports Q2 2025 Earnings
Aug 14, 2025

60 Degrees Pharmaceuticals, Inc. is a specialty pharmaceutical company focused on developing and marketing new medicines for infectious diseases, with its headquarters in Washington, D.C. The company recently released its earnings report for the second quarter of 2025, highlighting a continued focus on its lead product, ARAKODA®, for malaria prevention, and ongoing development programs for other diseases. Despite a net loss of $1.73 million for the quarter, the company reported a gross profit increase to $50,881, driven by a rise in research revenues. Operating expenses remained high at $1.86 million, primarily due to research and development and general administrative costs. Looking ahead, 60 Degrees Pharmaceuticals plans to continue its efforts to achieve profitability through additional capital raising and strategic initiatives, while addressing the challenges of the competitive biopharmaceutical industry.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 17, 2025